Miyamoto, Hiroyuki; Mejia, Cristian; Kajikawa, Yuya - In: Journal of Risk and Financial Management 15 (2022) 6, pp. 1-16
This paper studies the difference between startup investments by private equity funds (buyout funds; PE) and venture capital funds (VC). PEs, which have traditionally invested in mature companies, have been increasingly investing in later-stage startups in recent years. Based on Crunchbase's...